The Maldives Inland Revenue Authority (MIRA) has reported that it recovered MVR 543 million last month through efforts to collect outstanding taxes and other state dues.
According to its April financial report, the funds were recovered through notices, dues clearance processes, instalment agreements, reminder calls, and enforcement action under its compliance policy.
MIRA said it continues to carry out extensive work to recover outstanding public revenue, as significant amounts remain unpaid to the state.
Breakdown of Recovery Measures
The authority outlined the following methods used to recover the MVR 543 million:
- Notices issued: MVR 372 million
- Dues clearance: MVR 96 million
- Instalment agreements: MVR 64 million
- Reminder phone calls: MVR 5 million
- Enforcement action: MVR 4 million
MIRA said strengthened enforcement measures have contributed to improved recovery of both tax and non-tax revenues.
Enforcement and Compliance Actions
During the month, MIRA also published the names of 48 entities that had failed to submit income tax returns, including corporate and individual filings. The disclosure was made under its policy of naming non-compliant taxpayers.
The list included entities that had not filed returns up to December 2024.
April Revenue Performance
MIRA reported total revenue of MVR 2.63 billion for April 2026. This was 16.6 percent higher than the projected figure for the month, but 0.3 percent lower compared to April 2025.
The authority said higher-than-expected collections from tourism land rent, Goods and Services Tax (GST) and work permit fees contributed to the stronger-than-forecast performance.
It added that 32.6 percent of total revenue in April came from overdue payments, while 14.2 percent was collected through recovery of outstanding dues.
Tourism-Related Decline
MIRA noted that overall revenue was lower compared to the same period last year mainly due to reduced collections from tourism-related GST, green tax, airport taxes and other related fees.
Tourist arrivals in April 2026 fell by 19.8 percent compared to April 2025, which contributed to the decline in sector-based revenue. Corporate Social Responsibility (CSR) fee collections also dropped year-on-year.
Main Revenue Sources
GST remained the largest source of revenue in April, accounting for 63.6 percent or MVR 1.7 billion.
Other major contributions included:
- Green Tax: MVR 185 million (7.1%)
- Income Tax: MVR 178 million (6.8%)
- Airport Development Fee: MVR 152 million (5.8%)
- Departure Tax: MVR 152 million (5.8%)
- Resort Rent: MVR 129 million (4.9%)
Total revenue also included USD 121 million collected during the month.
